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Profit and Loss
Marked price of a commodity is 35% above the cost price. If he gives a discount of 15%, how much he gains on the deal.
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- Let the cost price be 100. Therefore, the marked price is Rs 135. The discount of 15% on 135 = Rs 20.25. Therefore, the product is sold at Rs (135 - 20.25) = Rs 114.75.
Hence, the profit percentage is 14.75 therefore ans: 14.75 - 13 years agoHelpfull: Yes(27) No(2)
- If Rs 100 is CP, then
SP = 100*1.35*0.85 = 114.75
So gain = Rs 14.75
% age gain = 14.75% - 13 years agoHelpfull: Yes(11) No(4)
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